Currencies and the Higgs
Countries trade currencies on a small map. Find the loop of exchange rates that pays, then sell gold and the field gets a mass: Maldacena's Higgs.
Each number on a route is how many units of the right (or lower) country's currency one unit of the left (or upper) one buys. Each block shows what a trip round it gains, and which way round pays.
Countries per side3 × 3
Tap a route to change its rate, a block to go round it with 100 units, or a country to remove a zero from its currency.
- Best loop pays
- 19.3%
- Loops that pay
- 4 of 4
- Zeros removed
- 0
The Higgs field
Each country can also set its own price of gold. That price is the Higgs field, and it opens a trip that uses a single route.
The essay's examples, step by step
One route pays
Maldacena's example. 4 pesos buy a dollar. Gold costs 40 pesos in Argentina and 5 dollars in the United States.
- Leave with 5 USD
- → buy 1 oz of gold in the United States
- → sell it in Argentina for 40 ARS
- → change to 10 USD
Back with 10: 100% gained, on one route, with no block to go round.
Without gold, only a loop could pay. With gold, a single route does.
From the economy to physics
- A country · a point in space
- Its currency · a local choice of reference: a gauge
- The rate between neighbours · the gauge field, the electromagnetic potential
- Removing a zero · a gauge transformation: the rates change, the physics does not
- The gain round a loop · the field strength, the magnetic field
- A trader who goes round the loop that pays · a charged particle, like the electron
- The price of gold in each country · the Higgs field
- Gold at 1 everywhere: any rate other than 1 pays on one route · the W and Z bosons get a mass
- How many times dearer gold is than silver · the Higgs boson
The rates are Maldacena's picture of electromagnetism. Gold, below and in the steps, is his picture of the Higgs: switch it on and the routes stop being free.
Credits
Based on Juan Maldacena, “The symmetry and simplicity of the laws of physics and the Higgs boson”, arXiv:1410.6753 (European Journal of Physics).
The examples here are his, retold in our words. K. Young drew the analogy between currency markets and lattice gauge theory earlier (American Journal of Physics, 1999); Maldacena takes it on to the Higgs. WarpLab has no affiliation with either author.